>>> Asset Class Flows (Table 1)
* Equities: large outflows $12.9bn ($0.4bn ETF outflows, $12.6bn mutual fund outflows)
* Bonds: biggest outflows in 18 weeks ($5.9bn)
* Precious metals: biggest outflows since Dec’16 ($0.8bn)
>>> Equity Flows (Table 2)
* US: inflows 7th straight weeks ($5.1bn)
* Japan: notable outflows ($1.8bn)
* Europe: massive outflows continue ($2.7bn)
* EM: biggest outflows since Nov’16 ($5.1bn)
* By style: inflows US growth ($7.0bn), US large cap ($4.8bn), US small cap ($1.3n), US value ($14mn)
* By sector: inflows consumer ($0.7bn), energy ($0.5bn), utilities ($0.4bn), materials ($0.3bn), tech ($0.3bn); outflows healthcare ($0.2bn), real estate ($0.4bn), financials ($1.4bn)
>>> Fixed Income Flows (Chart 6)
* Biggest IG bond fund outflows since Dec’16 ($2.6bn)
* HY bond outflows 7th consecutive week ($1.4bn)
* 9th straight week of EM debt outflows ($1.7bn)
* 7th straight week of muni fund inflows ($0.4bn)
* Modest Govt/Tsy outflows ($0.6bn)
* Small TIPS outflows ($0.1bn)
* Bank loan fund inflows 17 consecutive weeks ($0.4bn)